Credit card debt and depression

Credit Card Debt Causes Depression

A recent study linked short term debt with depression.  This correlation makes sense and plagues many Americans stuck in credit card debt.  One untimely event can cause the economic teeter totter to swing the wrong direction.  The great thing about the study is that this is something that can be fixed. If we reframe investing […]

Millennial Parents Face Economic Hardships

Young Invincibles report the plight of Millennial parents

I just finished reading a report from Young Invincibles describing the financial hardship facing Millennial parents.  The economic tsunami of lower income coupled with the higher costs of raising a child and being saddled by student debt is taking a toll on this generation of future leaders.  My heart goes out to this group as they attempt […]

Munny Journey Money Mountain

Free Baby Shower Gift: Munny Mountain Chart

You can download a free copy of the Munny Mountain Chart; a cute idea that serves a dual purpose.  First, it can be used to measure the height of your child as they grow. Not only that, it can measure and chart your child’s investment success. Munny Journey teaches the principle of compound interest at […]

elephant piggy bank Munny Journey

Can People Really Change Their Financial Habits?

I recently read an article asking this question: can people change their financial behavior? The article went into different budgeting and savings systems that demonstrated how to mentally reposition savings that changed most outcomes. The elephant in the room is that millions have already changed their financial habits by participating in 401(k) plans or making IRA […]

Munny Journey New Baby Shower Gift

New Baby Shower Gift: Munny Journey

Giving Munny Journey as a gift at a baby shower can help the new parents change their baby’s life before he or she is even born. The gift can be made even more special by starting an account for the baby and pre-loading it with money. Here are the steps to successfully give Munny Journey […]

Investomom uses confidence

Investomoms Use Confidence as the Greatest Teaching Tool

Confidence: belief in one’s self and one’s powers or abilities; self-confidence; self-reliance; assurance. Financial education builds confidence. Confident people take action. Action produces results. Lack of financial education breeds inaction: fear of making a mistake, fear of not doing the right thing, fear of looking stupid. Without confidence or a mentor, most folks will do […]

Teach Kids About Money Using Starbucks

Investomom Strategy: Help Your Kids Understand Investments

How to use Starbucks to teach good munny habits: Two weeks ago I purchased 20 shares of Starbucks for a seven year old child client that had expressed an interest in investing.  His mom took my young client to his new investment (Starbucks) after school.  Mom explained that he was now a partial owner of […]

Munny Journey Money Mountain

How Investomoms Use the Munny Mountain Chart

Watching kids grow is a fun part of parenting. At our house we had a wall in the laundry room that was used to measure kids heights at different ages. It was always fun when they would put their backs flat against the wall and stretch to the sky trying to eke another inch on […]